OncoMed, a Great Neck, N.Y.-based pharmaceutical services company and one of the first to specialize solely in oncology medications, recently opened its newest facility in Waltham to provide high-level oncology pharmacy services in the New England region. Located at 150 Bear Hill Road, the facility features a high-tech USP 797-certified oncology clean room, specially trained oncology pharmacists and a pharmaceutical case management staff.

Bank, insurance company thank Framingham's Alves

A nine-year-old Framingham girl who noticed flames coming from a window sign at the Framingham Co-operative Bank building at 828 Concord St. last month has been rewarded for helping to prevent a major fire. Kaitlyn Alves and her father and mother, John and Mary Alves, were driving past the bank when Kaitlyn spotted the fire and pointed it out to her father, who called 911. Framingham fire and police arrived on the scene within minutes and the fire was quickly brought under control before further damage resulted. Kaitlyn and her parents visited the bank recently where employees gathered to thank them in person and Framingham Co-operative Bank President Mark R. Haranas presented her with a check as a token of the bank's appreciation. Also present was Morgan Wood Duffy, president of the Hayden Wood Insurance Agency, who matched the bank's award and also presented Kaitlyn with tickets to ``Beauty and the Beast'' at the Hanover Theater in Worcester.

Realtors group offers loss mitigation courses

The Massachusetts Association of Realtors (MAR) will sponsor the Loss Mitigation Graduate (LMC Grad) course March 2 from 1 p.m. to 4 p.m. at the Realtor Association headquarters, 256 Second Ave., Waltham. The course is available to any realtor member who has previously taken the LMC program and is intended to provide in-depth information as it specifically relates to REOs, short sales and foreclosures. Course qualifies for 2 CE credits. Registration is $99. The association will also sponsor the Loss Mitigation Certification (LMC) course March 3 from 9 a.m. to 5 p.m. at its headquarters. Curriculum will provide information and guidance on the complicated transactions involving foreclosures, short sales and properties at auction or bank-owned. Course qualifies for 2 CE credits. Registration is $295. To register for either class, contact the MAR Education Department at 800-725-6272 or visit the online calendar at www.marealtor.com.

Vt. Yankee shutdown would have minimum impact on N.E.

MONTPELIER, Vt. - It looks like the lights won't go out in New England if the Vermont Yankee nuclear plant shuts down in 2012. That's the word from a range of experts following the Vermont Senate's vote Wednesday to deny the plant a 20-year license extension. Although Vermont gets about a third of its power from Vermont Yankee, the reactor provides only about 2 percent of New England's electricity demand, according to Paul Peterson, a senior consultant with Synapse Energy Economics Inc. of Cambridge, Mass. The region currently has a power-generation surplus of 4,000-5,000 megawatts, meaning it could lose up to 16 percent of its generation and not face a power deficit,

Ford invests cash, jobs in Ohio engine plant

BROOK PARK, Ohio - The Ford Motor Co. announced yesterday that it is investing $155 million and adding 60 jobs at an engine plant in suburban Cleveland to build a fuel-efficient V-6 engine for the 2011 Mustang. The engine built at Cleveland Engine Plant No. 1 is expected to lead its class in fuel efficiency with 30 miles per gallon on the highway and 305 horsepower, the Dearborn, Mich.-based automaker said.

Health care systems call off proposed merger

PROVIDENCE, R.I. - Two major regional health care systems have called off plans to merge. Care New England and Lifespan yesterday announced that they had withdrawn their application merger, which is still pending before the state health director and state attorney general. The institutions say the cumbersome application process has been a distraction. They say they need to focus their attention on dealing with the state's economic woes as well as increases in uncompensated care and uncertainty about federal reimbursements. The merger, which was publicly proposed three years ago, would have brought together nearly all of Rhode Island's hospitals.

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